I find it a little bit interesting that their CEO, James Dick was also an originator of 4X Made Easy. I guess these infomercials sell a whole lot of $3000 to $5000 forex trading software packages. And that is before the thousands it cost to take the training classes and the hundreds of dollars that [...]
Ever since I was in middle school Ive known that I wanted to make my living trading stocks. I’m getting tired of paper trading, Ive developed a strategy that is a winner but I need day trading privileges to put it into execution. Ive always viewed the money markets (stock market, forex) as the best [...]
If trillions of dollars gets traded back and forth on a daily basis, it doesn’t make any sense that everyone has to pay a spread of 0.03%, because that is a lot of money that is disappearing from everyone’s pockets, a billion dollars a day, and even if they did all have to pay it, [...]
Well, let’s say you have a scalping strategy that can make you 25% per day. I know it’s high but lets say you did. If you start with $2,000, the next day you should have $2,500. The next day $3125 .. Right? Well lets say you implement the same strategy with $5,000,000, you should be [...]
Does anyone have any suggestions on a leverage limit? Many FOREX brokers allow up to 200:1 leverage. My trading strategy is to take just very small gains (3 or 4 pips at a time) and set the stop losses way out there just to avoid a total wipeout. I never trade on Fridays either and [...]
